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10 September, 2018
In earlier times, hunting for a new home used to be a task. It would begin after the site visit looking for the latest development that is taking place in the neighbourhood. But with the development of technology, the whole face of Real Estate has changed. The technology has eased the process for both, the interested investor as well as the real estate developers. Obviously, the technology has so many benefits that its development will never be complained about. Read here to know how the Digital media has changed the future that the Real Estate Industry had.
Development if the Virtual Real Estate market
According to the recent research, nearly 92% of the people buy their homes after doing their research online. The internet has eased the process of research and short listing and thereby enabling them to find their dream property sooner than later. Investors come to know about the upcoming localities and also the rates prevalent in the market.
On the other hand for the property developers, the market scope increases and even goes international. With the details of the property available on the internet, they even attract the NRI customers for investment in India. Thus the real estate India has developed widely due to the virtual market for the real estate Industry created due to the Internet.
Property can be visualised through Virtual Reality
With the advancement of science and development of technology, the home buyers can now easily visualise what their real home would look like. They can even place the furniture and change the colour of the walls to have the real feel. The Virtual reality provides a 360-degree view of the property along with the interiors as well as the exteriors of the property. Besides, these videos can also be used for the marketing campaign on the real estate websites of the property developer.
Birdseye view of the real estate property
Drone technology is one of the recent developments in the digital media technology and is not going anywhere soon. Most of the real estate sites in India use this technology to provide a bird’s eye view to its prospective customers giving them leverage over the other sites not using the same.
Instant resolution to the queries
With the development of technology every website now features a chat box called May, I Help You. This is a live interactive window wherein instant reply is received from the property developer resolving any query that you have regarding the property. Besides they even guide you for your various needs. You can now easily check the availability of the property or their prices and inclusions and exclusions online only without even making a site visit.
With all this development in the technology, we can rightfully say that India’s real estate industry is moving towards growth with no signs of slowing down.